CIMIC Group (ASX:CIM) Retained Earnings : A$241 Mil (As of Dec. 2021)

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What is CIMIC Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CIMIC Group's retained earnings for the quarter that ended in Dec. 2021 was A$241 Mil.

CIMIC Group's quarterly retained earnings increased from Dec. 2020 (A$166 Mil) to Jun. 2021 (A$176 Mil) and increased from Jun. 2021 (A$176 Mil) to Dec. 2021 (A$241 Mil).

CIMIC Group's annual retained earnings increased from Dec. 2019 (A$-454 Mil) to Dec. 2020 (A$166 Mil) and increased from Dec. 2020 (A$166 Mil) to Dec. 2021 (A$241 Mil).

CIMIC Group Retained Earnings Historical Data

The historical data trend for CIMIC Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CIMIC Group Retained Earnings Chart

CIMIC Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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2,183.00

1,145.20

-454.40

165.70

241.00

CIMIC Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Retained Earnings	Get a 7-Day Free Trial															-454.40	-137.80	165.70	175.60	241.00

CIMIC Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

CIMIC Group (ASX:CIM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

CIMIC Group (ASX:CIM) Business Description

Industry

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Address

177 Pacific Highway, Level 25, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.cimic.com.au

Cimic is Australia's largest contractor, providing engineering, construction, contract mining services to the infrastructure, mining, energy, and property sectors. The business structure consists of construction, contract mining, public-private partnerships, and property, along with 45%-owned Habtoor Leighton. Cimic has exited its Middle East business. ACS/Hochtief owns 79% of Cimic. Cimic will be compulsorily acquired by major shareholder Hochtief.